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Monday, 7 September 2009

Oh, the irony

Unison have always been quick to attack employers who have sought to scale back on final salary pension schemes, saying on their website:

It is no secret that many private sector employers have sought in recent years to look to close their final salary pension schemes and replace them with inferior career average or money purchase pension schemes. We expect this threat to remain and hence it is vital that we are prepared for such eventualities and seek to actively oppose such threats to our members pension schemes.

You see it is all those wicked capitalists who have to be opposed, but they have had more luck in the public sector where pensions are paid for with other peoples' money, defending local government and NHS schemes from closure to new members.

All the more surprising then that it has decided to be more amenable to change when dealing with the pensions for its own staff.

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